U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says

U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says

Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump said. He added that…

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